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re: TSNP is turning me on

Posted on 2/5/21 at 10:44 am to
Posted by txbd
Valhalla
Member since Jan 2014
2306 posts
Posted on 2/5/21 at 10:44 am to
quote:

Is this thing going to come down a little or do we buy more right now?



Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1484 posts
Posted on 2/5/21 at 10:46 am to
I explained yesterday. When pennies are on a run, you press the buy button & BUY..screw a pull back. The train has already left the station, you better run & jump on.
Posted by Richleau
Member since Dec 2018
3303 posts
Posted on 2/5/21 at 10:57 am to
Thank you AT. Mr. Sharp is one hell of a follow. He suffers no fools.
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
15885 posts
Posted on 2/5/21 at 11:01 am to
quote:

Interesting. Could you break that down for me using a dollar amount example?





Sure, but I left out the first and most important step, which is identifying the undervalued company (or the company that is the future of whatever industry) and doing enough research so that you believe in what you’re investing in. Otherwise, you’ll do like me and sell the first downturn, because you don’t believe in the company. With these smaller companies, also don’t allocate more than you can lose.

Anyway, you buy in say 30,000 shares at .10 ($3000). You sell 10,000 shares when it hits .30 ($3000). Now you’ve pulled your initial investment and only profit remains. When it hits .90, sell 6,666 shares and you’ve locked in roughly 200% gains ($5999). Now (because you believe in the company) you hold the other 13,333 shares 5,10,20 years or whatever you think is best based on future data. Of course, in this hypothetical, I insert myself and the stock moons in year 3. As it corrects about 30%, I get pissed and sell. It then goes on to 10x what I sold at over the next 6-8 months.

Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43317 posts
Posted on 2/5/21 at 11:05 am to
Bought in at $.17. Sold half that position when it doubled and will be keeping the remainder for at least the next year. All profit from here on out. Almost 700% as of today.
Posted by slackster
Houston
Member since Mar 2009
90038 posts
Posted on 2/5/21 at 11:09 am to
$6.5B market cap.

Complete list of $6.5B companies that went public as a penny stock:

HUMBL

The end.

Good luck boys. Enjoy the ride.
This post was edited on 2/5/21 at 11:10 am
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77263 posts
Posted on 2/5/21 at 11:10 am to


Thanks
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1484 posts
Posted on 2/5/21 at 11:12 am to
quote:

$6.5B market cap. Complete list of $6.5B companies that went public as a penny stock: HUMBL The end.


I’m over here Stacking Stacks while Slackster is educating me on my bad investment..

Thanks fella - kiss kiss
Posted by Lightning
Texas
Member since May 2014
2951 posts
Posted on 2/5/21 at 11:17 am to
quote:

Can you buy on robinhood, can’t find it for some reason. I know I need to get a new platform


You can't buy it on Robinhood because they don't do OTC stocks, which this is.

E-Trade, Fidelity, Schwab, TD Ameritrade, etc will let you buy OTC.
Posted by Open Your Eyes
Member since Nov 2012
9870 posts
Posted on 2/5/21 at 11:19 am to
quote:

$6.5B market cap. Complete list of $6.5B companies that went public as a penny stock: HUMBL The end. Good luck boys. Enjoy the ride.


While you’re over here laughing, the stock is up over 700% in a month.

Contemplate your life for a minute.
Posted by GeneralLee
Member since Aug 2004
13879 posts
Posted on 2/5/21 at 11:19 am to
I just sold 1/3rd my shares at $1.49. Already locked in $50K of profits on this so it's well beyond just house money at this point.

If this is the next Paypal and goes to $100/share in a few years, that's great and I've still got most my shares riding for that potential outcome. But let's be real and acknowledge there's a chance this isn't really a legit company and this is all FOMO money chasing this.
This post was edited on 2/5/21 at 11:24 am
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3179 posts
Posted on 2/5/21 at 11:21 am to
That's awesome! Congrat's!
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 2/5/21 at 11:21 am to
Baller
Posted by Lightning
Texas
Member since May 2014
2951 posts
Posted on 2/5/21 at 11:22 am to
I'm in at .17 and I'm holding long term.

I wish I had bought more initially but I didn't have enough settled cash available and TDA charges $6.95 for each OTC trade. Considering I'm up 765% at the moment, I feel like I could've sprung for that extra $6.95 in January to load up more shares
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
1484 posts
Posted on 2/5/21 at 11:23 am to
quote:

I'm in at .17 and I'm holding long term.


You jumped on Day # 1 of my post. Congrats!
Posted by chowds4
baton rouge
Member since Jan 2005
8851 posts
Posted on 2/5/21 at 11:26 am to
Glad to see you back, ancient tiger!

Riding with you guys to the moon!
Posted by Jibbajabba
Louisiana
Member since May 2011
3917 posts
Posted on 2/5/21 at 11:27 am to
You’ve made me more than a few bucks as well AT. Keep the hits coming!
Posted by poncho villa
DALLAS
Member since Jul 2010
18395 posts
Posted on 2/5/21 at 11:27 am to
tsnp going to catch Zom
Posted by LSUneaux
New Orleans
Member since Mar 2014
4692 posts
Posted on 2/5/21 at 11:28 am to
TD BAWS PRINTING MONEY
Posted by ell_13
Member since Apr 2013
86809 posts
Posted on 2/5/21 at 11:29 am to
This is unreal. I'm in at 1.24. Feel like I came in late... but already up 35%. Wow.
This post was edited on 2/5/21 at 11:29 am
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